• World - Europe
  • Updated: December 12, 2022

Europe Could Face Gas Shortage In 2023 — Energy Agency

Europe Could Face Gas Shortage In 2023 — Energy Agency

The European Union could face a shortage of gas in 2023 if Russia cuts supplies further, the International Energy Agency (IEA) said on Monday.

It urges governments to act faster to save energy and expand renewables.

2023 may pose an even tougher test than the energy crunch that has been seen this year.

This was about the hiked fuel bills for European households that forced industries to temporarily close to avoid crippling gas costs.

If Russia was to cut the small share of gas it still delivers to Europe, the EU could face a gas shortfall of 27 billion cubic metres (bcm) in 2023, the IEA said.

EU country leaders will call for the preparation of early contingency plans for energy supply next winter at a summit in Brussels on Thursday.

Related Topics

Join our Telegram platform to get news update Join Now

0 Comment(s)

See this post in...


We have selected third parties to use cookies for technical purposes as specified in the Cookie Policy. Use the “Accept All” button to consent or “Customize” button to set your cookie tracking settings